GEOfRGE HOWARD, ESQ. GOVERNOR.

1831

transportation; and for the transportation of passengers, not

CHAP. 288.

exceeding four cents per mile for each passenger and bag-

gage, not weighing more than fifty pounds, or occupying a

space of more than two cubic feet, add it shall not be law-

ful for any other company, or any person or persons what-

Exclusive use

soever, to travel upon or use any of the roads of said com-

pany, or to transport persons/merchandise, produce, or

property of any description whatsoever, along said roads,

pt aay of them, without the license or permission of the

president and directors of said company; and that the said

road or roads, with all their works, improvements and pro-

fits, and all the machinery of transportation used on said

road, are hereby vested in the said company, incorporated

Title vested.

by this act, and their successors forever; and the shares of

the capital stock of the said company, shall be deemed and

considered personal estate.

Sec. 21. And be it enacted, That the said president and di-

Dividends

rectors shall declare and make such dividend as they may

deem proper, of the nett profits arising from the resources

of the said company, after deducting the necessary current,

and probable contingent expenses and that they shall divide

the same amongst the proprietors of the stock of said com-

pany, in proper proportions to their respective shares.

Sec. 22. And be it enacted, That if any person or persons

Penalties for dam-

shall wilfully, by any means whatsoever, injure, impair or

aging road &c.

destroy any part of any rail road constructed by said com-

pany nnder this act, or any of their necessary works, build-

ings, carriages, vehicles, or machines of said company, such

person or persons, so offending, shall each of them, for eve-

ry such offence, forfeit and pay to the said company, the

sum of five hundred dollars, which may be recovered in the

name of said company by an action of debt, in the county

court of the county wherein the offence shall be committed,

and shall also be subject to indictment in said court; and up-

on conviction of such offence, shall be punished by fine and

imprisonment, in the discretion of the court.

Sec. 23. And be it enacted, That as soon as this act shall

Operation of this

have been passed by the legislature of Maryland, books

act.

may be opened, subscriptions received, and the said com-

pany organised, and that when organised, the said company

and the president and directors of the same, shall have all

the power, rights and privileges granted by this act, and

shall be subject to all its regulations, in constructing or re-

pairing any of the said rail roads, or other necessary works

or buildings, which may, or can be constructed, within the

limits of the state of Maryland; and in transporting persons,

goods, merchandise, or property of any description, along

48